Established by NIT-Bhopal alumni in 2020, DigiQure is a telemedicine firm that concentrates on using telemedicine-based e-clinics to provide basic healthcare services to rural areas. These clinics provide digital prescriptions, medicine delivery, lab tests, remote consultations with specialized doctors, and required referrals to partner institutions for advanced treatment. They also provide Sakhsham Cards, a membership program allowing access to free clinic consultations. Customers pay ₹1 daily to join for these services.
DigiQure operated two mobile clinics and seven stores in Madhya Pradesh at the time of the pitch. To assist more than 4000 patients, they have teamed up with more than 50 doctors spread among several hospitals. Originally intending to extend pan India, founders are first seeking to do in north east India. They asked for ₹40 lakhs for 4% of the business. With approximately ₹60 Lakh invested in this company thus far, founders have had 1800 subscribers. They have made over ₹12 lakh of income between January 2022 and September 2022; last month came in at ₹4 lakhs. Especially, half of that money came from hospitals for their marketing campaigns. Founders said their monthly burn was ₹1.5 lakh.
Company Name: DigiQure
Founder: Akanksh Tandon
Product: E-Clinic
Highlights
1. E-clinic platform focused on telemedicine for underprivileged and rural communities.
2. Links patients via video conferences with seasoned doctors.
3. Provides at the clinic’s digital prescriptions, medications, and laboratory tests.
4. Armed with medical tools and educated medical professionals.
5. Just ₹1 daily Saksham Card health plan accessible.
6. Currently running in Madhya Pradesh with expansion intentions.
7. Emphasize cost, ease of use, and lowering of avoidable mortality.
Pitch Details
Ask: ₹40 lakhs for 4% equity, valuing the company at ₹10 crores.
Deal: After negotiation Namita Thapar, finished the deal at ₹40 lakhs for 10% equity.
Investors: The investment came from Namita Thapar.
Conclusion:
DigiQure’s pitch underlined how much rural India needs decent healthcare and how their scalable, reasonably priced telemedicine system is improving things. With their impact-driven approach, doctor-partnerships, and possibility for national expansion, the founders really delighted the sharks Although they were given several bids, they chose Namita Thapar’s ₹40 lakh for 10% ownership deal since her knowledge of healthcare matched. The pitch strengthened the point of view that social impact and profitability have to be balanced in healthcare businesses. DigiQure’s scalable approach and expanding network help it to be a viable business in the changing healthcare scene of India.
